Skip to content

National Business

US inflation reaches lowest point in 3 years, though some price pressures remain

US inflation reaches lowest point in 3 years, though some price pressures remain

WASHINGTON (AP) — Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race.
Port of Montreal dockworkers begin overtime strike, upping fears of backlogs

Port of Montreal dockworkers begin overtime strike, upping fears of backlogs

MONTREAL — Dockworkers at the Port of Montreal have halted all overtime work in a pressure tactic targetting management as contract talks continue.
Youth unemployment is up. Here's how parents can help their teen land their first job

Youth unemployment is up. Here's how parents can help their teen land their first job

As a parent, you want your child to spread their wings and fly, not crash down to reality when they first enter the job market.
US jobless claims hit 258,000, the most in a year. Analysts point to Hurricane Helene, Boeing strike

US jobless claims hit 258,000, the most in a year. Analysts point to Hurricane Helene, Boeing strike

The number of Americans filing for for unemployment benefits last week jumped to its highest level in a year, which analysts are saying is more likely a result of Hurricane Helene — and the Boeing machinist strike — than a broader softening in the la
Toronto island airport lease extended for up to 12 years

Toronto island airport lease extended for up to 12 years

TORONTO — Toronto city council is granting the island airport a lease extension that would keep the hub open for at least another two decades.
Social Security recipients will get a 2.5% cost-of-living boost in 2025, smaller than in recent past

Social Security recipients will get a 2.5% cost-of-living boost in 2025, smaller than in recent past

WASHINGTON (AP) — Millions of Social Security recipients will get a 2.5% cost-of-living increase to their monthly checks beginning in January, the Social Security Administration announced Thursday.
US filings for jobless benefits jump to 258,000, the most in more than a year

US filings for jobless benefits jump to 258,000, the most in more than a year

The number of Americans filing for for unemployment benefits last week jumped to their highest level in a year, a possible sign of softness in the labor market.
Tilray Brands reports US$34.7M first-quarter loss, revenue up from year ago

Tilray Brands reports US$34.7M first-quarter loss, revenue up from year ago

LEAMINGTON, Ont. — Cannabis company Tilray Brands Inc. reported a loss of US$34.7 million in its first quarter, compared with a loss of US$55.9 million in the same quarter last year, as its net revenue rose 13 per cent.
Delta's Q3 profit fell below $1 billion after global tech outage led to thousands of cancellations

Delta's Q3 profit fell below $1 billion after global tech outage led to thousands of cancellations

Third-quarter earnings fell 26% at Delta Air Lines, which struggled to overcome a global technology outage that led to thousands of flight cancellations, and indications that growth in air travel is beginning to slow.
Ratan Tata, the former chairman of Indian conglomerate Tata Sons, dies at 86

Ratan Tata, the former chairman of Indian conglomerate Tata Sons, dies at 86

NEW DELHI (AP) — Ratan Tata, a former chairman of Indian conglomerate Tata Sons hailed as a visionary business leader, died at a Mumbai hospital on Wednesday night. He was 86.